The greenback, however, came off its highs in afternoon trading.
The dollar index earlier rose to 92.887, its highest since Aug. 27. It was last up slightly at 92.664.
A round of U.S. economic data is due out this week, starting with consumer prices on Tuesday, which will give the latest update on how hot inflation has been ahead of next week’s Fed meeting.
Philadelphia Fed President Patrick Harker became the latest official to say he wants the central bank to start tapering this year, saying in a Nikkei interview that he was keen to scale back asset purchases.
Tapering talk has boosted the dollar, said Erik Nelson, macro strategist at Wells Fargo Securities in New York.
“We noticed from the Fed communication that they would like to de-link the taper from the rate hike,” Nelson said. “But it will take a lot of convincing and frankly a lot of time for the market to change its…